Search Results for: Shares
Ruble Jumps on Rising Oil Prices and Stimulus Hopes
November 24th, 2014
The ruble rose sharply on Monday, lifted by Russian exporters buying to meet tax payments and as oil prices stabilised at around $80 a barrel. At 1356 GMT, the ruble was around 1.7 percent stronger against the dollar at ...
SEC Charges Penny Stock Company Executives in New Jersey With Issuing False Press Releases to Inflate Stock Price
November 24th, 2014
The Securities and Exchange Commission today charged father-and-son executives at a New Jersey-based penny stock company for issuing false and misleading press releases while secretly selling thousands of their own stock shares into the market. They agreed to pay ...
Investigation of Mobily accounting errors key test of Saudi Arabia’s governance resolve
November 24th, 2014
An investigation into accounting irregularities at Saudi Arabia’s No 2 phone operator is shaping up as a key test of governance as the kingdom’s markets open up to foreign investment Shares in the Saudi phone operator Etihad Etisalat, also ...
How a $5,000 IRA Can Grow to $196 Million in Six Years: GAO
November 21st, 2014
Individual retirement accounts were created to help ordinary Americans build a nest egg for later life. But the IRA has also enabled some affluent investors to accumulate multimillion-dollar tax-sheltered accounts, often by using assets that aren’t publicly traded. Unless ...
Stocks Rise With Oil After China Rates as Euro Falls
November 21st, 2014
Global stocks climbed, and oil and metals gained after China cut interest rates. The euro weakened and bonds in the region rose after Mario Draghi said the European Central Bank must drive inflation higher. The MSCI All-Country World Index advanced 0.2 percent at 11:21 a.m. ...
Former financial adviser jailed for two years
November 21st, 2014
A former Perth-based financial adviser today was jailed for two years for stealing almost $1.5 million worth of shares. Todd Michael King was sentenced to two years jail and was made eligible for parole. In September 2014, following a ...
Switzerland To Join Multilateral Convention On AEOI
November 20th, 2014
The Swiss Federal Council has approved plans for the nation to join the Multilateral Competent Authority Agreement (MCAA) on the Automatic Exchange of Financial Account Information, describing it as a logical step, after it agreed in principle in May ...
Emerging Stocks Fall on China, Euro-Area Slowdown; Ruble Gains
November 20th, 2014
Emerging-market stocks fell as manufacturing gauges in China and Germany retreated, dimming the outlook for exporters. The ruble rose as Russian companies sought funds to meet their tax commitments. The MSCI Emerging Markets Index lost less than 0.1 percent ...
Yahoo to replace Google as default search engine on Firefox in US
November 20th, 2014
Yahoo will replace Google as the default search engine on the Firefox web browser in the US, signalling Yahoo’s resolve to regain some of the ground that it has lost in the most lucrative part of the internet’s ad market. The ...
BNP Baribas: Another blow for France’s beleaguered bank
November 20th, 2014
Just months after paying a $9 billion fine to the American authorities for violating sanctions against Cuba, Iran and Sudan, BNP Paribas is back in the gunsights. France’s national financial prosecutor is looking into allegations that senior figures at ...
